Lenders and Packagers can apply for a license to access a version of MortgageSource that will include only their own product range. This will enable them to check the product details held, as well as test the operation of the sourcing logic as it relates to their own products.
MortgageSource is a cloud based mortgage sourcing system that utilises an in depth analysis of product criteria to drive more accurate sourcing results. The system is currently being rolled out to a number of Network partners.
Matthew Howe, Director of Sales Operations for Mortgage27, commented:
"Systems such as MortgageSource play a crucial role in distributing clear and accurate information about a Lenders product range to the intermediary community. Providing our Lender partners with access to MortgageSource is another way in which we engage with the lending community to ensure we deliver technology solutions that meet the needs of all our stakeholders. We look forward to hearing their comments and feedback on our system”.
